EVIFY Raises $1.3 Million From Piper Serica Angel Fund Updated On Thu, Jan 11th, 2024 by Saurenergy EVIFY, a Surat-based Electric Vehicle (EV) logistics startup, has announced that it raised $1.3 million in funding in a ‘Pre-Series A’ round led by venture capital firms GVFL and Piper Serica Angel Fund. Existing investors, ‘We Founder Circle’ and ‘IVY Growth’, along with a few angel investors, also participated in the round. The startup, EVIFY […] Read more
€300 Million IFC Loan For Iberdrola To Back Renewables Versus Coal Updated On Tue, Jan 9th, 2024 by Saurenergy The World Bank’s private lending arm, the International Finance Corporation (IFC) has backed Spanish utility major Iberdrola with a €300 million (US$328.7 million) loan to support and develop renewable energy projects in coal-dependent countries, including Morocco, Vietnam and Poland. According to Iberdrola,€170 million has already been committed to financing onshore wind projects in Poland, one of the biggest European […] Read more
Altris, Clarios Announce Collaboration To Boost Sodium-Ion Battery Technology Updated On Mon, Jan 8th, 2024 by Saurenergy Low-voltage battery solutions company Clarios and sodium-ion technology firm Altris announced the creation of an innovative partnership to develop low-voltage sodium-ion batteries for the automotive industry. Every vehicle, including hybrid and electric vehicles, requires a low-voltage energy source to power critical systems and functions. As hybrid and electric vehicles continue to evolve, a joint statement […] Read more
ARCI Develops Lead-Free Perovskite Photodetector Updated On Fri, Jan 5th, 2024 by Saurenergy Researchers at the International Advanced Research Centre for Powder Metallurgy & New Materials (ARCI) in Hyderabad, India, have innovated an organic-inorganic halide perovskite photodetector utilizing magnesium as a partial substitute for lead. The ARCI breakthrough represents a major stride in enhancing the safety of solar energy generation. Lead is a heavy metal that has highly […] Read more
Plans For Phase-III Of FAME Start, With Bigger, Wider Coverage Updated On Thu, Jan 4th, 2024 by Saurenergy Even as the secoonf phase of the Faster Adoption and Manufacturing of (Hybrid &) Electric Vehicles (FAME) is likely to wind down this year, speculation is rising on the shape of the next phase of the scheme that was brought in to support EV transition. Administered by the Ministry of Heavy Industries (MHI), FAME-I(Rs 895 […] Read more
Nextracker Completes Separation from Flex, Now An Independent Firm Updated On Thu, Jan 4th, 2024 by Saurenergy Nextracker Inc. (Nasdaq: NXT), a leading global provider of intelligent solar tracker and software solutions, has announced the completion of Flex Ltd.’s spin-off of all of its remaining interests in Nextracker to Flex shareholders. This, together with certain other transactions relating to the spin-off also announced by Flex , resulted in a Nextracker ownership separation […] Read more
Top 12 Trends Of 2023 That Created Ripples In Indian Renewable Sector Updated On Tue, Jan 2nd, 2024 by Saurenergy For India, forming a backdrop to the whole year was the softening in global module prices, continuation of ALMM exemptions, and of course, the noise around carbon credits and green hydrogen. Which events actually made an impact? Which ones stood out and are most likely to make a real impact, and soon? We present below […] Read more
The Rise of Community Solar Initiatives Brightening Sustainable Future Updated On Fri, Dec 29th, 2023 by Saurenergy Swati Singh, Product Marketing Manager of Oorjan Cleantech Dayanita was born in the rural agrarian and fishing community of Hill Kaka, a remote hamlet in Poonch district, that’s almost cut off from the rest of India. At 19, she has never seen a light bulb lit up in her home. The rocky terrain, coupled with […] Read more
Waaree Renewable Collaborates With 5B Industries To Boost Utility-Scale PV Projects Updated On Fri, Dec 29th, 2023 by Saurenergy Indian Solar EPC company--Waaree Renewable Technologies Limited announced a Long Form Heads of Agreement (LFHOA) with 5B Industries PTY LTD, an innovative solar solution company to accelerate the deployment of utility-grade solar power locally in India as well as in international markets with a US-compliant supply chain. The collaboration is likely to open avenues for […] Read more
